Short-Run Costs (Part 1)- Micro Topic 3.2
Jacob Clifford
Published at : 09 Sep 2021
Published at : 09 Sep 2021
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In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
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Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
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